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The Competition Commission week asked for details of the payment report into
grocery retailers by credit agency Graydon.
The commission is considering the details of the report as part of its
investigation into the market.
It will consider whether the behaviour of grocery retailers towards their
suppliers affects competition among suppliers of groceries or other products
sold by the grocery retailers, and whether the retailers threaten the economic
viability of suppliers or wholesalers.
Owen James, a director at credit management services business Intrum Justitia,
commented: "There’s a reticence among business to use the late
paymentlegislation.
"They think it might upset their relationship with their customer".
Provisional findings are likely to be released in May, with the final report due
in October 2007.
Source:
RedAlert
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